This script plots floor pivots with the central pivot range and camarilla R3/S3 pivots, to spot with ease the Golden Pivot Zone (GPZ). As described in the book *Secret of a pivot Boss* by Franklin Ochoa, the Golden Pivot Zone occurs when R3 or S3 pivot from the Camarilla Equation or from lies within the central pivot range. This combination can be simply profitable.
A bearish GPZ occurs when R3 of the Camarilla Equation is mixed within the central pivot range, therefore we should look for sells in that zone.
A bullish GPZ occurs when S3 of the Camarilla Equation is mixed within the central pivot range, therefore we should look for buys in that zone.
Here are some examples on Gold
Good luck !
Ps* i got part of the code from @cristian.d script
A bearish GPZ occurs when R3 of the Camarilla Equation is mixed within the central pivot range, therefore we should look for sells in that zone.
A bullish GPZ occurs when S3 of the Camarilla Equation is mixed within the central pivot range, therefore we should look for buys in that zone.
Here are some examples on Gold
Ps* i got part of the code from @cristian.d script